Hey bunqers 🌈,

You can always count on us to help you get the most out of your money. The European Central Bank (ECB) has recently increased their interest rates. So, in our turn, we have increased our variable Bonus Interest rate to 3.01% on July 1, 2026. 

Whether you want to understand how this new rate applies to your savings, how our interest rate system works, or what this means for your existing Term Deposits, you can find all the answers below.

How bunq’s MassInterest works

Earning interest at bunq is designed to be simple and rewarding. 

• Weekly Payouts: Your interest is calculated daily and paid out directly to you every single week on bunq Payday.

• Base Interest Rate: Earn 1.51% on all your savings up to your personal threshold. 

• Bonus Interest Rate: Earn 3.01% on all your savings above your personal threshold. 

• Compounding Power: Because your interest is paid out weekly, those earnings start generating their own interest almost immediately, accelerating your savings over time.

You earn an annual base interest rate, currently 1.51%*, on savings up to your threshold. This threshold is based on the highest amount you saved in your account over the past 6 months. It gets calculated twice a year - on January 1 and July 1. If you save more than your threshold, you’ll get the current annual bonus rate of 3.01%* on the extra amount.

If you didn’t have any savings in your Savings Account or if you've just joined bunq and opened a Savings Account during the 6-month period before the threshold calculation, your threshold will start at €0. This means you’ll receive the current annual bonus rate of 3.01% on all savings until the next calculation. So, the more you add to your savings, the more interest you earn 🎉

Please note: To start earning MassInterest, you must open a bunq Savings Account. You can open a Savings Account by following the steps outlined here.

MassInterest calculation

❗️Heads up: The base rate and the bonus rate are variable and are subject to change. Learn more about MassInterest at bunq. We’ll always inform you in case of any changes to interest rates by email.

• Your interest will be paid out in weekly installments, so you can watch your savings grow faster each and every week with the compounding effect 

• You’ll get interest on deposits up to €100.000. For deposits over €100.000, no interest is earned

• All interest rates are annual (variable) and nominal rates

• All your savings are 100% protected up to €100,000 per person by the Dutch Deposit Guarantee Scheme. Therefore, if you share a Joint (Savings) Account at bunq, the protection extends up to €200.000 in total

• You can make a maximum of 3 instant withdrawals per month from your Personal Savings Account(s). Learn more about the withdrawal limit here 🙌

• Regular Terms & Conditions apply to MassInterest rates

How do Term Deposit compare against the Bonus Interest Rate?

If you have already locked in your savings at a guaranteed Term Deposit rate, you might wonder how it compares to the 3.01% bonus savings rate. These are two different interest rates designed for different savings strategies. Here is a quick look at how they compare:

If you value the safety of knowing exactly what you will earn over your term, keeping your Term Deposit is an excellent option. 

How can I benefit from both rates? 

You do not have to choose just one! You can easily keep your guaranteed Term Deposit running while earning 3.01% on new savings.

You automatically earn the 3.01% bonus rate on any savings you hold above your personal bonus threshold. This means your existing Term Deposit stays safely locked in, earning its guaranteed interest, while any new money you add immediately starts growing at the higher 3.01% variable rate.

Where can I find my personal threshold? 

It’s simple. You can: 

1. Open your Savings tab 

2. Tap on Expected Interest Earnings

3. Check out your personal threshold under Savings Threshold

4. Your personal bonus threshold is displayed here

If you don’t see a threshold displayed here, it simply means that it’s at 0! You can enjoy your bonus interest rate on every euro you add to your Savings Account, until the next time your bonus threshold resets. 

You always have the option to ask Finn! Simply open the Support chat in your bunq app and ask Finn about your personal threshold. Finn will instantly show you your threshold and explain what it means for your savings.

What do I do if I opened a promotional 2.51% Term Deposit, but would like to benefit from the 3.01% Bonus Interest rate?

Recently, we set up a promotional Term Deposit to help you grow your holiday savings faster. Anyone who opened the promotional term deposit can benefit from a market-high interest rate of 2.51% for 6 months on the amount they locked. The 2.51% interest rate is guaranteed, meaning it's protected, even if the ECB lowers their rates. Read all about our Holiday Savings Term Deposit. 

Since then, the ECB has raised their rates. Because we’re always working hard on getting you the best possible interest rates, we’ve increased our Bonus Interest Rate to 3.01% from 2.01%. This means that you can earn 3.01% interest on any new money you add to your Savings Account above your personal threshold. 

We want to make sure you always feel in control of your financial journey. Particularly if you recently opened our promotional Term Deposit to invest your holiday allowance but would like to enjoy the flexibility of the 3.01% variable rate. We’re always here to help you. If you have weighed your options and decide that the bonus interest rate fits your plans better than the guaranteed certainty of your 2.51% Term Deposit, contact our Support team. One of our specialized experts will take a look at the options available to you, depending on your circumstances.